Commercial Real Estate Market in Percy, IL
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
2 active listings and 46 off-market properties in Percy, IL.
Market Trends
Percy, IL spans 32.2 square miles in Randolph County, Illinois. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Percy, IL runs 21.3% across the Midwest region in 2025, up from 13.7% in 2019.
Vacancy Rate % in Midwest region
Retail
Retail vacancy in Percy, IL runs 6.3% across the Midwest region in 2025, down from 8% in 2020.
Vacancy Rate % in Midwest region
Industrial
Industrial vacancy in Percy, IL runs 4.9% across the Midwest region in 2025, up from 4.4% in 2019. Nearly 1.6x the 2022 low of 3.1%.
Vacancy Rate % in Midwest region
Multifamily
Multifamily vacancy in Percy, IL runs 8% across the Midwest region in 2025, up from 6.5% in 2022.
Vacancy Rate % in Midwest region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Agricultural 48.4%
- Residential 37%
- Commercial 14.2%
- Industrial 0.5%
Largest Zones share of zoned land by district
Agricultural
Community Residential
Commercial
Rural Single Family Residential
Industrial
Agricultural (AG)
District encompasses sparsely developed farm and woodland areas which, because of the fertility of the soil, topography, the availability of water, and other factors, including the suitability of the land for the raising of animals
Market overview
Demographics & Economy
Percy, IL has 1,472 residents in 815 households. Density runs 46 people per square mile. Median household income here is $49,954 and median gross rent $716 a month.
1,472
Population
815
Households
1.8
Avg Household Size
44
Median Age
7%
College-Educated
83%
High-School Grad
32.2 sq mi
ZIP Area
46
Density / Sq Mi
$49,954
Median Household Income
$28,988
Median Earnings
$716
Median Rent
$104,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Steeleville | — | — |
| Cutler | — | — |
| Wine Hill | — | — |
| Willisville | — | — |
Commercial property in Percy, IL asks $77/SF.
Frequently Asked Questions
What is the average price per square foot for commercial property in Percy?
Commercial property in Percy, IL asks an average of $77 per square foot.
Where does Realmo's Percy market data come from?
Realmo compiles Percy, IL figures from 5 recent recorded sales, 2 active sale listings, 46 tracked off-market properties, the current Percy zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 2 active for-sale and 0 active for-lease listings in Percy, IL. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 594 zoned acres across 5 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at Midwest region level, retail vacancy is reported at Midwest region level and industrial vacancy is reported at Midwest region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
